The company has had an annualized 60% staff turnover rate at the top management level.
The CEO fired the COO because they disagreed on certain subjects. Continue reading “Would you lend money to this company? Answers in the comments …”
Here are some interesting things you may have missed in the equity, commodity, currency and bond markets
1. Hong Kong’s Hang Seng Index is up 34% over the past year.
2. Tencent Holdings (the owner of WeChat – the WhatsApp equivalent in China and several other things) is up 116% over the last year. It is currently worth over $550 billion and is most valuable social media company (bigger than Facebook).
3. Ping An Insurance (Ping An Insurance Group Company of China Ltd) is now the world’s largest and most valuable insurance company. Its stock is up 110% over the year. Continue reading “Here are some interesting things you may have missed in the equity, commodity, currency and bond markets”
Income tax rates around the world
Here are the income tax rates (in % including regional surcharges) for the maximum tiered income slab for each country in ascending order of tax rate,
USD 1-year % change mapped
Here is the performance (1-year % change) of the US Dollar (USD) mapped against currencies and countries around the world,
As US Judge rules cryptocurrencies are commodities, should we now call cryptocurrencies virtual commodities?
Following on from a 2015 announcement from the Commodity Futures Trading Commission (CFTC) that cryptocurrencies are a commodity (read here), a US judge has ruled that upheld that cryptocurrencies are commodities (read here). Continue reading “As US Judge rules cryptocurrencies are commodities, should we now call cryptocurrencies virtual commodities?”
Interest Rates around the World
Here are the base interest rates for Central Banks around the world (in increasing order),
High (or hyper) inflation or long term zero (or negative) interest rates – how might the world pay its debt?
The divergence of interest rates, bond yields, inflation, currency strength, budget deficit and total debt of countries around the world has never been bigger. We look at how the US, the UK, the Eurozone, Japan, Switzerland and India are doing in addressing paying off their debt. Continue reading “High (or hyper) inflation or long term zero (or negative) interest rates – how might the world pay its debt?”
This is how much train operators in the UK are subsidized
This is how much train operators in the UK are subsidized, Continue reading “This is how much train operators in the UK are subsidized”
The Governor of the Bank of England is right on cryptocurrencies
The Bank of England Governor Mark Carney delivered a speech titled “The Future of Money” at the University of Edinburgh on March 2, 2018. Goes without saying Cryptocurrencies came up. Continue reading “The Governor of the Bank of England is right on cryptocurrencies”
The economics behind the 25% tariff on Steel imports and 10% tariff on Aluminium imports to the US
Unsurprisingly, following the Department of Commerce recommendations [1], US President Donald Trump announced tariffs on Steel and Aluminium imports. Continue reading “The economics behind the 25% tariff on Steel imports and 10% tariff on Aluminium imports to the US”